According to Michael Porter's Diamond Model,which of the Following Factors

question 26

Multiple Choice

According to Michael Porter's diamond model,which of the following factors refer to a nation's ability to turn its natural resources,skilled labor,and infrastructure into a competitive advantage? 

• A) Factor conditions
• B) Demand conditions
• C) Related and supporting industries
• D) Company strategy, structure and rivalry

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Definitions:

Exemplary Damages

Exemplary damages, also known as punitive damages, are awarded in a lawsuit as a punishment to the defendant and to deter others from engaging in similar conduct.

Rescind Agreement

The legal act of unilaterally canceling or terminating a contract by one of the parties involved, effectively restoring the parties to their state before the contract was signed.

Whistle-blower

An individual who exposes illegal, unethical, or wrong practices within an organization to the public or authorities.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.